Securitizing receivables increases cash collected or decreases? - 【CFA学习交流讨论】 - CFA论坛

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发表于 2011-7-13 16:10 | 显示全部帖子

cash collected from customers =
Change in Revenues - Delta AR + Delta Unearned Earnings

Delta AR = -2

So Cash Collected would go UP!...

[but in the context of things - this is not sustainable].

CP

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